Chapter 8 : Intellectual Property Rights

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30 Terms

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Where is the protection of intellectual property recognized in the U.S.?

In the U.S. Constitution

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What is intellectual property?

Property resulting from creative or intellectual processes

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Can trademark dilution occur online?

Yes, it can occur onlineDo the products involved in a trademark dilution suit need to be similar?

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Do the products involved in a trademark dilution suit need to be similar?

No, they do not have to be similar

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What must a trademark owner prove to win an infringement lawsuit?

Likelihood of consumer confusion, not intentional infringement

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What are fanciful trademarks considered in terms of distinctiveness?

The most distinctive trademarks

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When is a descriptive term protected as a trademark?

When it acquires secondary meaning

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Are service marks protected the same way as trademarks?

Yes, service marks receive the same protection

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What is a trade name?

A name that indicates all or part of a business’s name

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What are the basic requirements for patentability?

The invention must be novel, useful, and not obvious

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What law protects ideas fixed in a durable medium?

Copyright law

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Can you copyright a business process?

No, business processes are not copyrightable

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What must a work be to receive copyright protection?

Original and fixed in a durable medium

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Is registration required for copyright protection?

No, protection is automatic upon creation

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What is the "first sale doctrine"?

Once a copyrighted item is sold, the owner can sell or give it away without violating copyright

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What is protected as a trade secret?

Information like customer lists, pricing, marketing strategies, and formulas

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What law protects trade secrets internationally?

The TRIPS agreement

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What is the Berne Convention about?

International copyright protection among member countries

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What does the Madrid Protocol simplify?

International trademark registration

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What happens when a company traffics in counterfeit goods?

It commits a crime under all circumstances

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What is a service mark?

A mark that distinguishes services rather than products

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What is needed to prove patent infringement?

Copying all elements or their equivalents

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What is a trade secret theft?

Stealing confidential business information like customer lists or pricing

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What does copyright protect in software?

Human-readable and computer-readable parts

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What defense can a user claim against a copyright infringement accusation?

Fair usehen does a trademark become enforceable?

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hen does a trademark become enforceable?

When consumers associate the mark with the source

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What is patent preemption?

Federal regulation overriding state law on patent issues

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Can pricing information be a trade secret?

Yes, it can

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What happens if a trade secret is stolen?

The thief can be sued for theft of trade secrets

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Does tapping into a competitor’s computer for business data constitute theft?

Yes, it is theft of trade secrets